Latest in Rob Marcus

Most other distributors, including DirecTV and Dish Network, refuse to pay the estimated $5 per subscriber per month that TWC wants. That’s been “one of my 2015 surprises and disappointments,” Marcus told investors today at the UBS Global Media and Communications Conference in New York. That has hurt his company. TWC…

This is the top of mind question for media investors today following surprisingly strong Q3 video sub reports from Time Warner Cable and Charter Communications — on top of earlier reports from Comcast and AT&T’s DirecTV.  The upbeat results seem to contradict the view that pay TV is melting faster than execs have let…

Forget all the chatter about low priced pay TV skinny bundles. Strange as it may sound at a time when investors worry about pay TV cord cutting, the real action is with costly fat bundles, Time Warner Cable CEO Rob Marcus told investors today at the Bank of America Merrill Lynch Media, Communications & Entertainment…

Los Angeles Dodgers fans who can’t watch games on SportsNet LA are still out of luck for now. It “doesn't look like we'll get additional distribution for the Dodgers network this season,” Time Warner Cable CEO Rob Marcus told analysts this morning in a call to discuss Q2 earnings. This has been a problem for the No. 2…

Sometimes it pays to come in second: Time Warner Cable CEO Rob Marcus stands to collect a whopping $91.9 million if the deal to sell his company to Charter Communications goes through, according to a 700-plus page preliminary proxy filed at the SEC today. He might see $21.8 million in cash, $67.1 million in equity…

UPDATE, 3:00 PM: Here are some of the key details of  the exit agreement for Time Warner Cable’s departing CFO Arthur Minson that were left out of the press release, but were just noted in an SEC filing. The company will pay him $5 million in return for a “release of claims in favor of the Company and affiliated…

Cablevision shares jolted to +7.1% a little while ago after CEO Jim Dolan acknowledged in a panel at the INTX confab something that most cable industry watchers have long suspected: He’d like Time Warner Cable — which serves Manhattan — to buy his Long Island-based company. “Consolidation of that marketplace would…

UPDATE, 6:44 AM: Time Warner Cable still wants other distributors to pick up its SportsNet LA, which carries Dodgers baseball. But their refusal to do so had at least one benefit for TWC which, of course, does have the channel. LA “had the best year-over-year (subscription) performance in Q3” compared to other TWC…

Rob Marcus pitched a what-me-worry response to an analyst who asked him this morning about Time Warner Cable‘s inability to persuade other pay TV providers (aside from close ally Bright House) to carry SportsNet LA —  which the Dodgers own and TWC distributes. “The good news is the product is great,” the CEO says. “We…

Time Warner Cable shareholders will have an opportunity to register their opinions about the golden parachute terms outlined this morning in the preliminary proxy for the proposed $45.2B merger sale to Comcast. But the company can ignore the advisory vote about the terms that, if the deal goes through, could provide…

So far Time Warner Cable and closely allied Bright House Networks are the only pay TV distributors that have agreed to carry TWC’s new SportsNet LA which will feature the Dodgers. But TWC chief Rob Marcus says he isn’t worried: “Not surprisingly all of the action happens on the eve of opening day,” he told…

I’m surprised that Time Warner Cable COO Rob Marcus — who becomes CEO at year-end — was surprised last week when Bloomberg reported from an interview with him that  he’s willing to sell the No.  2 cable operator at the right price. The story was “frustrating” and used a “sexy headline” that misled readers and took him…